Visa Inc. (NYSE: V) announced the launch of USDC stablecoin settlement in the United States, allowing U.S. issuer and acquirer partners to settle transactions using Circle's USDC stablecoin for the first time. The payment network said its monthly stablecoin settlement volume reached a $3.5 billion annualized run rate as of November 30. Cross River Bank and Lead Bank have begun settling with Visa in USDC over the Solana blockchain as initial participants. The USDC settlement framework offers seven-day settlement windows compared to traditional five-business-day operations, enabling banks and financial technology ... (full story)